There was a time when patents represented innovation. Thanks to the relaxing of patent rules as championed by the US patent office in a blatant attempt to curry favour with dubious business interests, and make a bit of money at the same time, those days are gone. These days, patents are a tool for those who have no business model other than litigation, either because their primary business model failed, or by design because filing patents and hoping a lawsuit or three will stick (or rather, be settled out of court) is easier than actually building something good.
I live on an island that often gets bad press for being a ‘tax haven’. Those in the local financial services industry don’t like that term of course, pointing out how standards-compliant the finance industry is, and how many information exchange agreements we have with other countries (the line ‘the lady doth protest too much’ bubbles to the surface in some people’s minds I’m sure at this stage). So, we’re not technically a tax haven according to the OECD definition, but we’re certainly a place for people to stash their money and avoid paying tax on the income they derive from it in the juristictions in which they live.
More patent silliness from those idiots in the US Patent Office, as they get exploited by soulless corporate types again: US Patent 7415666: Method and system for navigating paginated content in page-based increments I really can’t imagine how messrs. Sellers, Grantham and Dersch can sleep at night, having officially claimed that calculating how far to advance down a document when you hit the PageDn is a significant innovation that warrants the protection of 20-year exclusivity that a patent brings.